All of the best apps for live horse betting these days feature in-play as part of their offering, the fastest growing betting format around. In-play, or in-running betting, allows players to back or lay after an event has started hence the name.
This sort of betting medium allows us to react to a live event, gaining more of an understanding of how we think it may pan out with live odds changing by the second as it all unfolds.
During a live in-play event you can bet as often as you like and change your mind whenever you want. Horse racing is a great example of a persistently changing event whereby various factors are affecting the potential outcome second after second.
There are a wide variety of betting sites offering in-play wagering via their websites and apps, here are some of the best:
New customers only, place a £10 bet on any Sportsbook market - min stake £10 at odds of at least 1.5 (1/2) — and we’ll give you £30 in free bets. Only deposits made using Cards or Paypal will qualify for this promotion. Free bets are valid for 30 days and must be used on a Sportsbook market. Free bets will be awarded after the qualifying bet has been settled. T&Cs apply. Paddy's Rewards Club: Get a free £10 bet when you place 5x bets of £10+. T&Cs apply.
18+. UK&IRE only. Online & Phone. Paypal & some deposit & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 = 4x £5 free bets, valid for 7 days, stake not returned. No cashout, restrictions apply. Double Winnings applies to the first real money single bet of £1+ win or each-way from 8am 27/02 on the 1.30 Cheltenham each day. Max £25. Stake restrictions may apply. T&Cs Apply.
New online customers only, min £10/€10 stake, win only, min odds 1/2, free bets paid as 3 X £10/€10, 30 day expiry, free bet/payment method/player/country restrictions apply.
18+. Returns exclude Bet Credits stake. T&Cs, time limits and exclusions apply.
18+ New UK+IRE customers. Paypal and certain deposit types and bet types excluded. Min £5 bet within 14 days of account reg at min odds 1/2 = 4 x £5 free bets. Free bets valid for 4 days on sports, stake not returned, restrictions apply. T&Cs apply.
New UK & NI customers only. 18+. Promo period from 09:00 07/03/19 until 17:30 12/03/19. Register using the promo code CHELT40a and place first bet of at least £10 (odds evens or greater) on any Day 1 Cheltenham race. (Race Winner or E/W market only). £20 Free Bet credited before 12pm 13/03/19 and a £10 Free Bet before 12pm on 14/03/19 & 15/03/19. Free Bets expire after 7 days. E-Wallet & Prepaid Card restrictions apply. SMS validation may be required. Full T&Cs Apply.
18+. UK+IRE only. T&Cs apply.
New UK & Ireland Customers Only. Min Deposit: £/€10. 1 x wagering at odds of 1.75+ to unlock Free Bet. Credit Card, Debit Card & PayPal deposits only. Additional Terms Apply
New customer offer. Place 5 x €10 or more bets to receive €20 in free bets. Repeat up to 5 times to receive maximum €100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. T&Cs apply.
Max stake £10. Max extra winnings £100. Valid for 30 days. Skrill/Neteller deposits do not qualify. 18+ Full T&Cs apply www.begambleaware.org.
Guaranteed £5 Free Sportsbook Bet if your first bet loses. New customers only. Qualifying bet must a single of £10 or more at odds of evens (2.0) or greater. Full T&C's apply.
18+ T&Cs apply. Cash stakes only. Min £10 stake required for initial £5 free bet. Min odds ½. Max £25 in free bets. Subsequent free bets equal 50% average of each 3 qualifying bets. 13 bets required to receive full £25 free bet. Qualifying bet must be placed within 30 days of opening account. Free bet expires after 7 days. Payment method restrictions apply.
New customers only. Min Deposit £10. Deposit & bonus amount must be wagered 6 times (min odds 4/5) prior to withdrawing bonus funds and any winnings. Wins from real money bets withdrawable at any time. Bonus on sports betting only.T&Cs apply.
New customers only. Valid once per customer. Bonus expires after 30 days. Expires 31.05.19. 7x turnover at 1.6 minimum odds. Skrill and Neteller deposits excluded. 18+ only. BeGambleAware.
New customer offer. Max £10. Paid in Cash. 18+. UK+IRE only. T&Cs apply.
£10 or more at odds of 1.50 or higher in one bet. Free bets will expire 7 days from issue. can be used as 2 x £15 bets only. 18+. UK+IRE only. T&Cs apply.
New customer only, max one £10 free bet, qualifying bets must be placed at odds of 2.0(1/1) or greater, paid as bonus token with min odds reg, T&C Apply.
New Customers; Min. deposit £15 (no Skrill/Neteller) with code WB10BET; Bonus amount is 50% of deposit up to £100; 6x deposit and bonus turnover (min. odds 4/5 on singles and 2/5 per selection on acca bets), in 30 days, for bonus release. Terms apply; 18+.
18+. New UK mainland customers only. Must opt-in £10 Free Bet promotion upon registration. Minimum £10 deposit at minimum odds of 4/5 (1.8) in any sportsbook market, within 14 days of opening account. Min. deposit of £10 required. Full T&C apply.
Benefits of Mobile Horse Live Betting
There are many advantages to live, in-play betting versus wagering before an event most notably punters having the ability to see the start of the race and ensure their horse has not been left behind and blown its chance.
Live horse racing betting has been popular ever since the advent of the betting exchanges from 2000 onwards, championing this form of wagering for the wider betting industry.
Although some horse races are over in the blink of an eye, there is more than enough time to watch the first half of a race and from that point it can become more clear which horses are going best before placing your bet live.
Best Apps for Live Horse Betting
There’s plenty of choice these days for your in-play needs, these three though offer a particularly good service for punters:
Bet365 Live Betting App
Consistently one of the strongest platforms, especially in horse racing in play betting, Bet365 offer a cracking model with a dedicated part of the website and app split into their many sports. Upon clicking ‘horse racing’, the latest upcoming races are displayed and even in advance of the race you can click through to see the field and the latest prices.
Placing your bet at this point would just be tantamount to making a normal, pre-event bet, however staying on this page until the race is off will then show a mock-up of the race or, if you have placed a bet, live streaming of the race via Racing UK or AtTheRaces.
Prices, silks and names are displayed in such a way that it is easy to follow the race and place a bet with odds changing every second or two as the race progresses. Should you place a bet during the race there will be just a very slight delay, as with all in-play bets, though the bet will go through quickly and your price is locked in.
Should your selection win, winnings are placed into your account immediately however you can also cash-out during the race. Say you’d placed a £5 bet at 5/1 and your horse is leading comfortably at half way, you could be offered a profit. Taking that before the race is over will again mean your money hitting the account straight away.
Paddy Power Live Betting App
Taking pride of place at the top of PP’s screen is the in-play button and, much like Bet365, the offering is good. Much like before, you can use the model to place bets on races after the event has started or to grab a profit from the ‘cash out’ facility should you not wish to wait until the race ends.
Given its prominent placement, finding your desired race in a hurry shouldn’t be a problem and the user interface is very friendly and simple to navigate. As any in-play section should be the platform is quick, slick looking and presents no significant problems a strong connection allowing.
Most races are available live on the streaming service with Paddy Power as long as you have placed a bet on the race, something which is becoming essential for a firm to offer a good live horse betting service. Cash outs are dealt with immediately with any amounts owed placed straight into your account.
William Hill Live Betting App
Although plenty of newer, internet-focused services have come along in the last 15 years or so this goliath of the high street is keeping pace with them, their in-play offering something that helps them keep pace.
Offering thousands of in-play markets on a whole host of sports, William Hill remain one of the best on the market for live horse racing betting knowing full well that their core customer base are racing punters.
Hills’ interface is a little old looking now in truth and not as slick as either Bet365 or Paddy Power, however the basics are all there including quick payouts, a cash-out option for in-play events and live streaming once again available for all UK and Irish horse racing once again as long as a bet has been placed.
On all formats, live in-play betting takes precedence on the main screen so that no time is wasted once an event has started. Odds are updated every second or so during races and there is very little in the way of delays once a bet has been chosen. Aside from perhaps improving on and modernising their fonts and interface, the service works extremely well as it is.
Advantages of Betting Live
While planning ahead can have its own advantages, especially when you’ve backed your horse at an attractive price before it then contracts due to heavy support there can be even more plusses in betting live, in-play.
Live betting can open up a host of new betting options other than simply the win market, such as how many lengths a horse may win by. Betting live also offers you a proper feel for the race, the event perhaps unfolding differently to what you’d expected beforehand like the pace being different for example or a favourite struggling early on making you think differently about the potential outcome.
Unlike traditional betting, live in-play means you can change your betting position during the race. For example you might take a strong position on a certain horse, but when it starts to struggle and you see an opportunity to back something else during running you can essentially hedge your bets and cover any losses.
Cash Out In Horse Racing
Cashing out essentially lets you take a profit early if your bet looks like it’s coming in, or at the very least allow you to get some of your stake back if your bet is not going so well and all of this before the event you are betting on is even over.
All cash out offers from your bookie are made in real time and are based on live market prices, right up to the second usually. A ‘cash out’ icon will usually be displayed right next to your bet allowing you to hit that and be paid out pretty much instantaneously.
Cashing out has become the domain of sports bettors, especially within the football markets, however racing punters were at the forefront of this platform and it remains an important tool for every day punters, especially on longer races such as in National Hunt.
An example of a good cash out would be; say you place a £10 bet on a horse at 3/1 and it starts the race really well with others looking sluggish, you could find you have an early cash out offer of around £25. You are £15 short of your potential return, but already £15 in profit and so should you not wish to take the chance on your horse getting home in front you can cash out at that point and guarantee yourself a profit.
Key Points in Live Betting in Horse Racing
Although more football punters than racing bettors are using in-play these days it remains an important tool. The key difference to in-play betting across the two sports is that with football you have a full 90 minutes and in that time plenty will change.
As well as obvious events such as goals and red cards meaning a significant price chance, the odds on your team will also gradually increase every few minutes given that the longer a game goes on the less chance you have of winning the game.
In racing it can all be over in a flash to even with a major event, such as a fall, odds will change pretty drastically every few seconds as the field sorts itself out and the relative chances of each of the runners appears visually to change.
Although all the big names offer this service for racing punters, Bet365 have a platform that is pretty much unrivalled.
Wager On Live Racing
When looking for a bookie which will offer you a good in-play platform for you racing bets, make sure they give you the option of live streaming so you can watch the action for yourself before making an informed decision on whether or not you want to bet, or to cash out.
Ensure the site works fast as your race will develop quickly and before you know it, the odds you thought you were getting in-play are gone!
Don’t forget the most basic thing of all – that even if the live in-play offering looks good to the naked eye it’s pointless unless your bookie is offering a fair price, so watch this before loading an account.